Get Wi I-016a 2017

Due to inflation indexing, Wisconsin's standard deduction and income thresholds vary from year to year. ... The Tax Cuts and Jobs Act (TCJA) increased the federal standard deduction to $12,000 for single filers and $24,000 for married filers, adjusted annually for inflation.

In Tax Year 2018, single filers with Wisconsin Adjusted Gross Income below $15,500 can claim a $10,580 standard deduction, and married couples filing jointly with income below $22,000 can claim a standard deduction of $19,580.

For a married individual filing separately who has a Wisconsin adjusted gross income of less than $12,880, the standard deduction is $11,750.

You can claim the renter's credit if you paid rent during 2017 for living quarters that you used as your primary residence. The Renter's Credit is a maximum of $300, and it's based on the amount of rent paid.

If you are a nonresident or part-year resident of Wisconsin and your Wisconsin gross income (or the combined gross income of you and your spouse) is $2,000 or more, you must file a Form 1NPR, Nonresident and Part-Year Resident Income Tax Return.

You can claim the renter's credit if you paid rent during 2017 for living quarters that you used as your primary residence. The Renter's Credit is a maximum of $300, and it's based on the amount of rent paid.

The Form 1NPR and instructions can be downloaded from our website . Gross income means all income (before deducting expenses) reportable to Wisconsin which you received in the form of money, property, or services. ... For additional filing requirements, please see page 4 of the Form 1NPR instructions.

To obtain an extension only for Wisconsin, you must attach a statement to your Wisconsin income tax return indicating you wish to take the federal Form 4868 extension provision or attach a copy of the federal Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return, with only the ...

You may be able to claim homestead credit if: You occupied and owned or rented a home, apartment, or other dwelling that is subject to Wisconsin property taxes during 2018. You are a legal resident of Wisconsin for all of 2018. You are 18 years of age or older on December 31, 2018.

To qualify for homestead credit for 2018 you must meet the following requirements: You are a legal resident of Wisconsin for all of 2018, from January 1 through December 31. You are 18 years of age or older on December 31, 2018. You have less than $24,680 in household income for 2018.

In general, the credit is higher when income is lower and/or when rent or property taxes are higher. The maximum Homestead Credit is $1,168.

Connecticut gives property tax relief to the disabled, seniors, and veterans and depending on your county they may also offer relief for firefighters, emergency personnel and their spouses, and homeowners whose property taxes are more than 8% of their income.

Exemptions are assets that can be kept from unsecured creditors. The Wisconsin Legislature didn't want debtors on the street with no assets so it created exemptions. The Wisconsin homestead exemption allows a debtor to exempt as much as $75,000 of equity in a homestead that the debtor occupies.

The maximum credit allowed is $1,168. Household income includes all taxable and certain nontaxable income, less a deduction of $500 for each qualifying dependent. If household income is $24,680 or more, no credit is available.

The term homestead exemption can refer to exemptions from property tax that homeowners can claim. It can also refer to homestead protection, which protects a person's primary residence in the case of financial hardship, such as the death of a spouse.